Fee Free, Mortgage Advisors
In the UK, we are fee free mortgage advisors. We provide pieces of advice free of cost. You are not supposed to pay any fee to the lender.
At mortgage advisors 365, we offer free of cost and hassle-free mortgage process and also free expert advice.
At mortgage advisors 365, we guide you about:
- What is a Mortgage?
- How to get a mortgage?
- Mortgage calculator
What is a Mortgage?
A Mortgage is a loan given by a mortgage lender and used for buying a property.
Mortgage rates can change, and it depends on the product’s type. There are several things that you must keep in mind when you look for a Mortgage.
- Percentage rate annually
- Interest rate
- Size of loan
- How long do you have to repay the loan
- Interest rate type if it can change
The Mortgage loan will pay back in installments. Interest
of the loan will also include in the payments. The amount of interest that you will pay is depend upon:
- On-going market rates
- Mortgage type that you choose
- Your deposit size
- Your mortgage length
Whether you will stay with the same lender or not you must have to pay back the Mortgage over the years.
How to get a Mortgage?
You can get a mortgage by following the below steps :
Getting a Mortgage in Principle
It is always suggested to you to get a mortgage in principle. It is a kind of document that is provided to
you by your broker from that document, you come to know about the loan that you can borrow. Your broker will check your income to see how much loan you can afford for a mortgage. Ma365 can give you a mortgage in principle within 24 hours.
Searching for a home
You will go for searching a property after knowing how much you can borrow. You should not be rash about searching for a home because you need to get the right one. Also, it is noteworthy that MIP lasts for around 90 days. So if you don't get property in that very time,
then there would be a need to apply again for another.
Search for a solicitor
A solicitor is a person who handles all the legal aspects related to selling and buying property. To search for a solicitor, you should talk to an advisor for advice, read their reviews ,and ask for suggestions from family or friends.
Choose the suitable Mortgage
There are many types of Mortgages that are available in the UK. Some are:
- Buy-to-let mortgages
- Discounted mortgages
- Help to Buy mortgages
- Small deposit Mortgages
- Fixed-rate Mortgages
At ma365, our mortgage brokers will check out the market and help you out in finding the best mortgage for your needs.
Make an estimate
Before searching for a home, it's necessary to estimate how much you can borrow. It will help you out in searching for a home. You can also use a mortgage calculator to see how much you can borrow, but there is no need to do this by yourself because your broker will do this for you.
After knowing how much you can borrow, you should sum up other expenses like application fees, appraisal fees, etc. We do not charge any fee while using our services. We search the whole market and get the best mortgage deal for you.
Apply for a Mortgage
When you apply for a mortgage, provide your mortgage advisor; the documents that he needs for the beginning of the process, your bank statement and the other documents that include your passport, driving license, and pay slips, etc.
Get the mortgage offer
You are on your way to getting a new home when you get a mortgage offer. The offer is valid for between 4 – 6 months. This offer will be given to you when you complete your application for a mortgage. If you are content and satisfied with this offer, you can sign it. After that, the seller's solicitor and your solicitor will exchange the contracts. Then a date will be given to you when you get your new home's keys.
It is necessary for borrowing to do an accurate estimate of how much you can afford. To make an estimate, you can make use of mortgage calculator.
With the help of mortgage advisors 365,
you can get the best Mortgage as we have access to the mortgage market in the UK.
Are you a First Time Buyer?
First-time purchasing can be confusing, and because of this why we suggest you use mortgage advisors. We can provide ease with all the paperwork, applications and much more.
So don’t think twice and contact ma365 mortgage advisors right now.
Fee Free mortgage Brokers:
Need free comprehensive and less time-consuming services, you knocked on the right door. Contact our mortgage advisors for any related help. We can make your life easier by saving £270 by choosing the best mortgage deals.
Looking for New Home?
mortgage advisors 365 can help you to transfer new home. Let our Mortgage advisors do everything for you, the paperwork, the applications, and everything.
Looking for buy-to-let?
mortgage advisors 365 can help you buy mortgages for you. Let us provide our services by doing paperwork, applications and much more.